Global Isononyl Alcohol Market Research Report 2023-Competitive Analysis, Status and Outlook by Type, Downstream Industry, and Geography, Forecast to 2029

Global Isononyl Alcohol Market Research Report 2023-Competitive Analysis, Status and Outlook by Type, Downstream Industry, and Geography, Forecast to 2029

Isononyl alcohol is a colorless, flammable liquid with a special odor. It is slightly soluble in water and is miscible with most organic solvents.

Market Overview:

The latest research study on the global Isononyl Alcohol market finds that the global Isononyl Alcohol market reached a value of USD 1647.72 million in 2022. It’s expected that the market will achieve USD 1928.11 million by 2028, exhibiting a CAGR of 2.65% during the forecast period.

Limitations

The production of isononanol requires relatively high requirements for the production process, production equipment, and reaction conditions. Higher product production technology determines higher industry barriers for products, and currently only a small number of companies can produce isononanol. In addition, the initial equipment investment for the production of isononanol is high, the research and development costs are high, and high industry barriers have prevented more companies from entering the isononanol market.
For the chemical industry, environmental protection is a very important issue. The production of isononanol also causes certain environmental problems. During the production process, torch combustion will produce carbon monoxide, nitrogen oxides and volatile organic compounds, which will cause pollution to the atmospheric environment. Various types of production machinery also generate some noise. With people's emphasis on environmental protection of living, many petrochemical projects will be put into production by opposition from local residents, so they cannot be put into operation smoothly. These reasons limit the expansion of the isononanol industry. And with the strengthening of environmental protection policies, many companies will face huge environmental pressures and need to invest a lot of money to treat waste gas and wastewater. For small businesses, this will be a huge investment.

Region Overview:

From 2023-2028, Europe is estimated to witness robust growth prospects.

Company Overview:

The top three companies are ExxonMobil, Evonik, BASF with the revenue market share of 36.71%, 24.97% and 17.89% in 2018.

Exxon Mobil Corporation operates petroleum and petrochemicals businesses on a worldwide basis. The Company operations include exploration and production of oil and gas, electric power generation, and coal and minerals operations. Exxon Mobil also manufactures and markets fuels, lubricants, and chemicals.

Evonik Industries AG manufactures specialty chemicals. The Company offers different products in the field of consumer goods, animal nutrition, and pharmaceuticals.

Segmentation Overview:

Among different product types,7-Methyl-1-Octanol segment is anticipated to contribute the largest market share in 2028.

Application Overview:

By application, the DINP segment occupied the biggest share from 2018 to 2022.

Key Companies in the global Isononyl Alcohol market covered in Chapter 3:

Repsol
Shell
Nan Ya Plastics
Evonik
KH Neochem
BASF
ExxonMobil

In Chapter 4 and Chapter 14.2, on the basis of types, the Isononyl Alcohol market from 2018 to 2029 is primarily split into:

7-Methyl-1-Octanol
3,3,5-Trimethylhexan-1-ol

In Chapter 5 and Chapter 14.3, on the basis of Downstream Industry, the Isononyl Alcohol market from 2018 to 2029 covers:

DINP
DINCH
Others

Geographically, the detailed analysis of consumption, revenue, market share and growth rate, historic and forecast (2018-2029) of the following regions are covered in Chapter 8 to Chapter 14:

North America (United States, Canada)
Europe (Germany, UK, France, Italy, Spain, Russia, Netherlands, Turkey, Switzerland, Sweden)
Asia Pacific (China, Japan, South Korea, Australia, India, Indonesia, Philippines, Malaysia)
Latin America (Brazil, Mexico, Argentina)
Middle East & Africa (Saudi Arabia, UAE, Egypt, South Africa)